President Barack Obama is heading into the den of private equity tonight with an urgent plea: Please re-elect me. His visit to New York apartment of Tony James, the number two at Blackstone, the world’s largest private equity firm, comes on the...

The last real bank is in Canada. While he’s not specifically referring to JPMorgan and the $2 billion loss that’s the talk of New York and Washington, Edmund Clark at Toronto-Dominion Bank says banks should be “old-fashioned.” “What fundamentally happened...

Jamie Dimon, the CEO of JP Morgan Chase and one of the most vocal defenders of the financial industry in Washington, may find himself in a tough spot now. Yesterday he announced the firm had a $2 billion trading loss after...